Sydney Tokyo London New York
real time forex news and technical analysis

ECB did not discuss extending QE program beyond March, Euro soars

News by Allie Longford on 09:02 EST Octuber 20, 2016
The ECB governing council left its key interest rate unchanged at 0% on Thursday.

ECB Draghi 20th October press conference live video feed

News by Newsroom on 08:17 EST Octuber 20, 2016

Stagnant UK retail sales

News by Newsroom on 06:51 EST Octuber 20, 2016
UK retail sales did not grow in September compared to the prior month latest ONS figures released on Thursday show.

Bank of Canada hints more stimulus

News by Newsroom on 16:39 EST Octuber 19, 2016
Bank of Canada Governor Stephen Poloz said on Wednesday the central bank "actively" discussed the possibility of adding more stimulus into the economy at its last meeting "in order to speed up the return of the economy to full capacity". The Canadian dollar and short-term bond yields slid, reversing course after.

No drama, UK unemployment rate remains steady after Brexit vote

News by Allie Longford on 04:45 EST Octuber 19, 2016
Britain's unemployment rate remains at 4.9% in the three months to August according to the latest ONS figures released on Wednesday.

Inflation remains subdued in Britain despite the pound collapse

News by Newsroom on 05:02 EST Octuber 18, 2016
The UK consumer price index jumped to 1% in September, marginally higher than analysts expected by one tenth of a percentage.

New RBA governor Philip Lowe says more interest rate cuts needed

News by Newsroom on 02:14 EST Octuber 18, 2016
The Australian dollar is shrugging off comments from newly appointed RBA governor Lowe that more interest rates are needed to combat low inflation.

Eurozone inflation subdued despite ECB's efforts

News by Allie Longford on 06:48 EST Octuber 17, 2016
The year on year Consumer Price Index for the month of September increased by 0.4% according to the latest official figures released by Eurostat on Monday.

Japan industrial output rises less than expected

News by Newsroom on 01:46 EST Octuber 17, 2016
Japan's industrial production grew less than initially estimated in August the Ministry of Economy, Trade and Industry said on Monday.

Michigan Consumer Sentiment dissapoints

News by Newsroom on 10:00 EST Octuber 14, 2016
Consumer sentiment tumbled to 13-month according to the University of Michigan data released on Friday.

Good retail sales numbers increase the odds of a rate hike by year end

News by Allie Longford on 08:42 EST Octuber 14, 2016
U.S. retail sales ticked up in September mainly due to motor vehicle purchases and an increase in discretionary spending, a good indicator of sustained domestic demand that may reinforce expectations of an interest rate increase from the Federal Reserve by the end of the year.

US jobless claims at four decades low

News by Newsroom on 08:59 EST Octuber 13, 2016
Filings for unemployment benefits in the US fell at a 42 years low over in October.

European stocks slide as FED hike looms

News by Newsroom on 03:29 EST Octuber 13, 2016
European stocks opened lower on Thursday after minutes from the U.S. Federal Reserve's September meeting released yesterday raised expectations of a December interest rate hike.

FOMC minutes: Several members expected a rate rise relatively soon

News by Newsroom on 14:18 EST Octuber 12, 2016
The FED released minutes of its most recent meeting this Wednesday.

U.S. stocks steady while waiting for FOMC minutes

News by Newsroom on 13:15 EST Octuber 12, 2016
U.S. stocks traded on range on Wednesday morning after a sharp decline in the previous session, ignited by a weak start to the corporate earnings season and await to the latest minutes from the Federal Reserve for hints on the central bank's future actions.

Stocks in melt down and dollar roaring on Tuesday

News by Allie Longford on 15:39 EST Octuber 11, 2016
... and, of course, the weak man award in the group of main currencies goes to the pound that got dumped all day long and ends trading at 1.21 against the dollar.

Stocks fall at the start of the US session

News by Allie Longford on 10:11 EST Octuber 11, 2016
Stocks are taking a dive on Tuesday after Alcoa's earnings for last quarter dissapoints.

Euro takes a plunge as German economic sentiment jumps

News by Allie Longford on 07:43 EST Octuber 11, 2016
The euro is being hit on Tuesday and trades in the 1.10 area against the dollar, which is again showing its strength.

Australian home loans still weak

News by Allie Longford on 22:10 EST Octuber 10, 2016
The value of owner-occupier lending fell by 1.6% to $19.497 billion in August in seasonally adjusted terms the Australian Bureau of statistics earlier today.

Retail traders ready to dance with the ugliest in the party

News by Allie Longford on 07:33 EST Octuber 10, 2016
The week starts calm in the forex market.

A busy end of the week

News by Newsroom on 15:42 EST Octuber 07, 2016
Friday brought jitters to the markets and, in particular, oil and the British pound made big waves.

Employment growth unexpectedly slowed for the third straight month in September

News by Newsroom on 08:29 EST Octuber 07, 2016
Total nonfarm payroll employment increased by 156,000 in September and the unemployment rate was marginall up at 5.0 percent, the U.S. Bureau of Labor Statistics reported today.

CHART - Pound crashes to below 1.20

News by Newsroom on 00:27 EST Octuber 07, 2016
The pound has collapsed in the early hours during the Asian trading session this Friday.

U.S. jobless claims best in four decades

News by Newsroom on 14:16 EST Octuber 06, 2016
U.S. stocks moved in a tight range as government bonds slipped and oil cracked $50 a barrel for the first time since June on Thursday.

Swiss franc shines on Wednesday

News by Newsroom on 15:37 EST Octuber 05, 2016
The Swiss franc is the indisputable winner on Wednesday forex trading.

World is in record breaking debt IMF says

News by Allie Longford on 10:32 EST Octuber 05, 2016
The world is $152tn in the red according to the International Monetary Fund.

Sterling down to 31 year low on EBC taper talk

News by Newsroom on 08:43 EST Octuber 05, 2016
The prospect of the European Central Bank winding down its bond-buying stimulus programme is worrying investors on Wednesday, driving stocks lower in Europe and Asia while pushing up government bond yields.

Australian retail sales beat expectations

News by Newsroom on 20:49 EST Octuber 04, 2016
Retail sales in Australia rose more than expected in September, official data showed on Wednesday.

Gold and stocks sink on Tuesday while oil remains robust

News by Allie Longford on 15:07 EST Octuber 04, 2016
Big moves in the market on the second day of the week.

Reserve Bank of Australia leaves interest rates on hold

News by Newsroom on 12:41 EST Octuber 04, 2016
The Reserve Bank of Australia left interest rates on hold at 1.5 percent this Tuesday.